"Old Town corner location with two legal residential units & two buildings designed to fit your imagination! Open the fence gate and realize the potential associated with this space. Design your dream complex with the two existing separate buildings. Previously, a commercial office existed downstairs as well."
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The property as it currently exists has 2148 sq ft of living space on a 2191 sq ft lot (43.6s X 50.25) located at the corner of Whitehead and Virginia Streets. Many of the neighboring properties are actively rented as vacation rentals. Some even have transient licenses.
I think this property as it currently exists come across as a bit challenging. But I think the location is terrific for a buyer that wants either a renovation project or perhaps a tear down and rebuild. I think but cannot guarantee that a new owner could raze the old commercial and more recent concrete block addition. I also believe that a new owner might get permission to raze the former garage-cum-two-story apartment. There is nothing historic about a garage other than it is built too close property lines to comply with current setback requirements. I have seen numerous renovation projects where similar properties have been totally transformed into chic usable spaces. Nothing is off the table when it comes to doing a project in Key West.
Please call me, Gary Thomas, 305-766-2642 to show you 1028 Whitehead Street. There is genuine potential with this property that is offered for sale at just $397,000. I am a buyers agent and a full time Realtor at Preferred Properties Key West. Let me help you find your place in Paradise.